Termination Without. “Cause” or “Resignation for Good Reason”. In the event Employee is terminated without Cause or resigns for Good Reason, Employee shall be entitled to:
Termination Without. Cause or as a Result of a Constructive Termination Event. In the event that Executive's employment hereunder is terminated:
(i) By PROMISTAR without Cause pursuant to Section 5(d) hereof; or
(ii) By Executive by reason of a Constructive Termination Event pursuant to Section 5(e) hereof; then PROMISTAR shall pay or provide in the same manner as before termination, as applicable, the following compensation and benefits to Executive:
(iii) Continuation of full base salary and benefits during the time period equal to the remaining Employment Term immediately prior to Executive's termination (without regard to any future renewals that would have occurred absent such termination), but, in no event, less than one (1) year (the "Termination Period");
(iv) Continue to participate in PROMISTAR's incentive compensation plans for each award cycle under such plans which began prior to the Termination Period, assuming Executive was a good performer during such award cycle and the award payable for such cycle shall be a pro-rata portion of the amount determined as of the close of each such award cycle based on the length of Executive active employment during the cycle to the length of the cycle with the award payable in the same manner Executive would have been paid if he continued to be an active employee.
(v) Any other amounts, awards, benefits or other compensation to which Executive is or, prior to Executive's termination of employment, was entitled during the Termination Period under any of PROMISTAR's other compensation plans which to the extent of any vesting dates occurring during the Termination Period shall be considered to vest on such date notwithstanding such termination (unless more quickly vested pursuant to Section 8(b) hereof or the terms of such plan); and
(vi) Continuing coverage, to the extent not prohibited by law, during the Termination Period or until comparable benefits are made available to him in connection with subsequent employment, whichever period is shorter, for Executive and his eligible dependents under all of PROMISTAR's benefit plans in effect and applicable to Executive and his eligible dependents as of the Date of Termination. In the event that Executive and/or his eligible dependents, because of Executive's terminated status, cannot be covered or fully covered under any or all of PROMISTAR's benefit plans, PROMISTAR shall continue to provide Executive and/or his eligible dependents with the same level of such coverage in effect prior...
Termination Without. Cause". If the Employee's employment is terminated by the Company without "cause", the Employee shall be entitled to receive his base salary and any unpaid bonus as provided in Section 4(a), for the period from the date of termination until the first anniversary of the Effective Time (the "Severance Period"), provided that if at any time during the Severance Period the Employee shall obtain other employment, the Company's obligation to pay severance under this Section 8(a) shall automatically be reduced from the date of commencement of such other employment until the termination of the Severance Period to an amount equal to the ratable difference between the Employee's base salary and any unpaid bonus under Section 4(a) and the base salary and any unpaid bonus earned by Employee in such other employment. The Employee shall not be an employee of the Company during the Severance Period, and except for such severance payment or as otherwise required by law, shall not be entitled to any compensation or benefits under Section 4(a), 4(b) or 4(c) with respect to the Severance Period.
Termination Without. “Cause” or With “Good Reason”. Notwithstanding the provisions of Section 3, if Executive’s employment is terminated: (i) by the Company without Cause or (ii) by Executive with Good Reason at any time following the date that the Company enters into a binding written agreement for a transaction that would result in a Change In Control (the “Signing”), Executive shall continue to be eligible to receive all cash retention bonus benefits payable hereunder as if such Executive were employed on the relevant payment date hereunder. Notwithstanding the foregoing, in order to receive the retention payments and benefits under this Section 4, Executive must validly execute and not revoke a signed Release to the Company on or within twenty-one (21) days after Executive’s termination of employment and any payments otherwise due prior to the delivery of the Release shall be paid in a lump sum following delivery of the signed Release.
Termination Without limiting Buyer's right to cancel this order for default of Seller as provided below, Buyer may terminate all or any part of the work under this order and process Seller's claims therefore in accordance with the provisions of the Termination Clause set forth in Part 52.249-2 of the Federal Acquisition Regulation as in effect on the date of this order. Where necessary to make this FAR part applicable to this purchase order, "Contractor" shall mean "Seller", "Contracting Officer" shall mean "Buyer" and "Government" shall mean "Buyer" or the "Government". In paragraph (d) of 52.249-2, change "1 year" to "6 months or any extension thereto."
Termination Without. In the event Executive is terminated without Cause Cause or With Good (as defined below) or Executive terminates his Reason: employment for Good Reason (as defined below) prior to the conclusion of the Initial Term, Executive shall receive as severance an amount equal to one times his annual base salary.
Termination Without. CAUSE". In the event of termination (i) without "cause" as defined by Section 7 or (ii) for "cause" as a result of the death or physical or mental disability or incapacity of Employee pursuant to Section 7(vii) or (viii) of this Agreement, Employee shall be entitled to receive, and the Company shall be obligated to pay, only an amount equivalent to Employee's Base Compensation accrued through the date of such termination, plus an amount equivalent to one year's Base Compensation at the annual rate in effect on the date of termination, to be paid in accordance with the ordinary payroll practices of the Company.
Termination Without. Cause At least 3 Months in accordance with clause 27.4.
Termination Without. BREACH BY FEBRUARY 4, 1999. Either party may terminate this Warrant Agreement, without cause, at anytime by written notice to the other party received on or prior to February 4, 1999. In the event this Warrant Agreement is terminated as contemplated by this Section 9(b), this Warrant Agreement, and all Warrants issued hereunder, shall automatically terminate, be canceled and of no further force and effect, and neither the Warrant Holder nor the Company shall have any further obligation under any term or provision of this Warrant Agreement.
Termination Without. CAUSE At any time following the culmination of the fifth year of the Initial Term, either Party may, at its discretion, give notice of its desire to terminate this Agreement, without the need to provide the reasons for its decision, by means of advance, written notice to the other Party, and this Agreement shall terminate upon the expiry of 18 months following the delivery of such notice, or at such later date of termination as may be stipulated in such notice. STRATEGIC ALLIANCE AGREEMENT BARTECH EMEA - HOTEL OUTSOURCE MANAGEMENT INT'L, INC. --------------------------------------------------------------------------------
